Top Ten Countries Acquiring Chinese Companies

Chinapost reported the top ten countries that acquired businesses in China from July, 05 to June, 06.

Altogether there were 266 foreign companies from 41 countries that bought a Chinese company during that time. Money spent on the acquistions was $14 billion, up from $9 billion the previous year.

The top ten countries:

10. Taiwan – $166 million

 9. Australia – $234 million

 8. Japan – $242 million

 7. France – $321 million

 6. Germany – $399 million

 5. Hong Kong – $584 million

 4. Belgium – $756 million – this one surprised me…

 3. Singapore – $1.84 billion

 2. U.K. – $3.46 billion

 1. U.S.A. – $5.37 billion

I am not surprised that the US was tops, but I was surprised that Japan was so low, and that Belgium was so high.

Can somebody from Belgium tell me what they are buying?